Freudenberg Home and Cleaning Solutions (FHCS) has successfully completed its voluntary public takeover of Nilfisk and has become majority shareholder with more than 90 % of the share capital and the associated voting rights in Nilfisk. FHCS intends now to initiate and complete a compulsory acquisition of the shares held by the remaining Nilfisk shareholders and to delist Nilfisk. With this acquisition, FHCS brings together two strong and highly complementary players in professional cleaning.
The acquisition marks a significant step in the global professional cleaning industry. With the acquisition of Nilfisk, FHCS brings together two very strong and highly complementary players in professional cleaning. While FHCS is a global player in innovative manual cleaning systems, Nilfisk is a globally recognized technology leader in professional cleaning machines. Together, the companies span two core segments of the professional cleaning market.
“With the acquisition of Nilfisk, we are strengthening our position across both innovative manual systems and professional cleaning machines, creating a uniquely positioned provider to support our customers with more comprehensive solutions. The intention is to build on the respective strengths of each business”, said Karin Overbeck, CEO of FHCS.
Stable market with evolving customer needs
The professional cleaning market is stable and resilient. To succeed in this market, a strong focus on customer needs is essential. Technology-driven machines, digital solutions, and innovative manual cleaning products are expected to play an increasingly important role in the future. The acquisition of Nilfisk strengthens FHCS’s position to support customers with the right solutions.
Ensuring continuity for customers and partners is currently our key priority. FHCS will connect sales capabilities and customer reach across both businesses to create opportunities for additional growth.
Becoming part of the Freudenberg Group
Following the completion of the compulsory acquisition of remaining shares, Nilfisk will become part of FHCS and thereby part of the Freudenberg Group, a global family owned technology company.
